Sector
Eleven Ventures announces EUR 60m fund
Eleven Fund III is 10x bigger than its predecessor fund, which launched in 2018 and closed on EUR 6m
Synova sells Pacifica's Home Services division to trade
GP invested in Pacifica in 2019 and will now focus on its applied services and warranty division
Swen holds EUR 150m first close for impact fund Swift 2
Swen's third impact fund is EUR 50m committed after just one month on the road
Eurazeo Smart City II holds EUR 150m second close
VC fund focuses on companies promoting the transition towards more liveable and sustainable cities
Refresco admits Jacobs, KKR, Platinum to second round
PAI-owned company is marketed based on EBITDA of EUR 514m and could be valued at USD 6bn
Highland, HPE Growth-backed WeTransfer announces IPO pricing
First day of trading is expected to commence at the end of this month on Euronext
Summa holds EUR 2.3bn final close for Fund III
GP will continue its focus on resource efficiency, changing demographics, and tech-enabled companies
Cherry holds first close for EUR 300m growth fund
Almost two thirds of Cherry IV's capital will be reserved for follow-on investments
Permira merges Kedrion, BPL
Combined biotechnology group will have more than EUR 1.1bn in revenues and 4,000 employees
Prefere Resins owner Silverfleet readies imminent sale launch
Rhone Capital-backed ASK Chemicals is expected to establish itself as the frontrunner
Riverside sells Repa to Berkshire-backed PT Holdings
Manufacturer of spare parts for vending and catering mahines expected to post revenues of USD 1.2bn in 2021
CBPE Capital invests in Direct Commercial Group
Company's founding CEO remains the majority shareholder in the insurance broker
Verdane's Porterbuddy sold to VC-backed Instabox
Verdane is reinvesting for a minority stake in the combined delivery service platform
Blossom holds USD 432m final close for third fund
VC will continue its focus on Series A investing in Europe, backing sectors including cryptocurrency
Buy-and-build a "super opportunity" for PE in healthcare services – panel
Dermatology, ophthalmology and diagnostic imaging all present attractive consolidation opportunities, panellists said
Triton acquires Clinigen at increased GBP 1.3bn valuation
Triley Bidco will acquire Clinigen at a price of 925 pence per share; its previous offer of 833 pence was rejected in December 2021
Odin Groep awards exclusivity to Apax Partners
Fortino Capital-backed Odin Groep is being marketed based on annual EBITDA of EUR 30m-33m
Ardian acquires Biofarma from White Bridge
GP bought the company from White Bridge Investments
Goldman Sachs, 83North et al. in USD 335m round for Exotec
France's New Unicorn, Exotec, reaches valuation of USD 2bn following investment round
Pearson courseware unit attracts trade, sponsors in first round
Sun European Partners, Epiris and Platinum Equity had signalled preliminary interest, one source says
PAI revives exit plans for Swedish chemicals group Perstorp
Options being explored by PAI include a sale to an industry player or an IPO, sources say
Verdane closes debut impact growth fund on EUR 300m
Verdane Idun I will deploy tickets in a sweet spot of EUR 10m-15m, making 20-25 deals in total
Miura acquires majority stake in Educaedu
Miura acquires 85% from Growth Hill Partners in Educaedu, while management reinvested for 15%
Mayfair acquires 60% stake in LoopMe
LoopMe had revenues of USD 100m in 2021, after growth of around 50% per annum for the past three years